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How monetary policy is affecting us today

In the last post, we learned about fractional reserved lending and the federal reserve. Here is an example of how our monetary policy is affecting us today, humorously delivered by Robert Newman’s History of Oil.

http://video.google.com/videoplay?docid=-8957268309327954402

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Here is Ron Paul explaining the same information to the House of Representatives. Ron Paul starts speaking two minutes into the video.

http://video.google.com/videoplay?docid=-8327695139643041382

And here’s Ron Paul summarizing situation in 60 seconds.

http://www.youtube.com/watch?v=NIwlKyz6LvU

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